“To scale, the gray-market peptide trade adopted cryptocurrency as its backbone,” Chainalysis said in a report.
Bitcoin’s $65,707 low and $1.9B liquidations reflect U.S.–Iran tensions, ETF outflows, and Mt. Gox moves.
June 4, 2026, 5:01 pmBernstein is bullish on Bitcoin miners as they increasingly power the AI boom, assigning “Outperform” ratings to TeraWulf and Cipher Digital.
June 4, 2026, 4:32 pm
Bitcoin fell to a low of $61,310 on June 4 as traders debated whether Strategy’s first net bitcoin sale since 2022 or billions in exchange-traded fund (ETF) outflows played the larger role in the market’s decline. Strategy Boss Blames $400B AI Spending Wave At 10 a.m. EDT, bitcoin was trading between $63,500 and $64,500.
U.S. spot Bitcoin ETFs have experienced net outflows for a staggering 13 consecutive trading sessions, with a total of $4.37 billion (59,351 BTC) drained from the funds between May 15 and June 3, according to Galaxy Research.
Coinbase said a Michigan couple closed on the first-ever conventional, Fannie Mae-backed home mortgage by pledging Bitcoin as collateral.
MicroStrategy’s unrealized loss is at an all-time high following Bitcoin’s plunge below sixty-two thousand dollars, sending the company’s treasury investment into the red big time. The loss is sitting near $10.8 billion, putting Strategy down about 17% on its Bitcoin position after six years of buying.
Veteran trader Peter Brandt believes that Bitcoin (BTC) will soon revisit the $50,000 range. Brandt tells his 1 million followers on X that Bitcoin is forming an expanding triangle pattern on the daily chart and may decline more than 14% from its current value.
A heavy wave of US Treasury issuance, a $250 billion IPO pipeline, and a shift in big tech cash toward AI spending are among the pressures Jamie Coutts says could keep markets tight for a while longer.
Bitcoin falls 13% to near $62K as Strategy's BTC sale, $4.2B in ETF outflows and macro headwinds pressure crypto markets.
DDC Enterprise Limited, the NYSE-listed Asian food platform behind the Daydaycook brand, disclosed on June 3, 2026, that it acquired an additional 90 BTC, bringing total corporate bitcoin holdings to 2,804 BTC.
Bitcoin has dropped 17% in four days, sparking $4.5 billion in liquidations, as analysts warn of a potential move below $60,000.
$63,024.00 -4.13%
$1.26T Market Cap
$58.98B Total Volume (4.67%)
$126,080 All Time High -50.01%
until new daily candle
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